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You deposit $490 at the end of each month into an account earning 3.6% interest compounded monthly. a) How much will you have in the
You deposit $490 at the end of each month into an account earning 3.6% interest compounded monthly. a) How much will you have in the account in 30 years? P/Y=osC/Y=ofN=o1/Y= \% (round to the nearest cent) b) How much will be the total amount of money deposited into the account after 30 years? Total Deposited =$ (enter a positive value) c) How much total interest will you earn? Total Interest =$ (enter a positive value, and round to the nearest cent) Alyce deposits $197 at the end of every six months into an account that earns 1.7% compounded quarterly. Find the future value, and interest earned in 5 years and 6 months. Round all answers to two decimal places if necessary. P/Y=C/Y=N=I/Y=% PV=$PMT=$FV=$(roundtothenearest cent) Interest Earned =$ (enter a positive value, rounded to the nearest cent)
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